China has allocated a total of 277 million yuan in subsidy for 102 general aviation enterprises in 2016, according to a plan published by the Civil Aviation Administration of China (CAAC) on Monday.
Beidahuang General Aviation Co., China Flying Dragon General Aviation Co., CITIC Offshore Helicopter (000099.SZ) and China Southern Airlines (ZNH.NYSE; 01055.HK; 600029.SH) will receive the highest subsidies, according to the plan.
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